UPDATE 1-Online competitors take on global banks in securities research shake-up
HONG KONG, March 28 A period of severe turmoil is facing the securities research industry as a regulatory overhaul threatens the way investment research is done.
May 4 JPMorgan Chase & Co : * Shareholders urged by influential proxy adviser to reject three directors * Proxy adviser ISS: do not re-elect JPMorgan's long-time risk panel directors * JPMorgan directors Cote, Crown and Futter should not be re-elected, says ISS * ISS cites 'material failures of stewardship and risk oversight' by three
directors for view * Proxy adviser ISS renews call for independent board chair over CEO Jamie
Dimon * JPMorgan "disagrees with ISS's position," statement from spokeswoman says
KHOBAR/DUBAI, March 28 Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the matter said, in a major move to return to the country after a roughly thirteen year absence.